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Cannabis producer Canopy hit with $0 price target by analyst

Beleaguered cannabis producer Canopy Growth received a $0 price target by Eight Capital on Wednesday after the Toronto-based financial firm said it is no longer appropriate to value the Canadian…

News July 5
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Germany’s first cannabis bill to reach Cabinet this summer, report says

Germany intends to split its planned cannabis reforms into at least two separate draft laws, the first of which is expected to reach the federal Cabinet in mid-August.

News July 5
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Marijuana ancillary company Agrify consolidates Nasdaq-listed shares

Marijuana industry cultivation and extraction solutions company Agrify Corp. consolidated its shares on a 20-to-1 basis in order to maintain its equity listing on the Nasdaq stock exchange.

News July 5
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Cannabis irradiation poses quandary for growers, scares consumers

Cannabis cultivators are caught up in a dilemma about providing clean and safe product that has passed inspection for acceptable levels of microbial contaminants.

News July 5
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TerrAscend buying Maryland marijuana dispensary for $8 million

TerrAscend Corp. has agreed to acquire Herbiculture Inc.’s cannabis dispensary in Burtonsville, Maryland, for $8.25 million, expanding the company's retail footprint in the state to four outlets.

News July 3
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Investor for $200 million New York cannabis fund finally found

New York has finally secured an investor to help fully fund the $200 million in startup capital promised to social-equity marijuana entrepreneurs to open “turnkey” dispensaries, Gov. Kathy Hochul has…

News July 3
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8 expert tips can help marijuana businesses ensure safety

Cannabis entrepreneurs say that local police can help protect their operations and employees, while police say familiarity makes them safer.

News July 3
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All Curaleaf cannabis retail workers in New Jersey now union members

All employees at Curaleaf Holdings’ New Jersey cannabis retail operations have now unionized with the United Food and Commercial Workers (UFCW) Local 360.

News June 30
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Oklahoma medical marijuana operators ask state high court to void higher fees

Some licensed medical marijuana companies in Oklahoma are asking the state Supreme Court to repeal a 2022 law that raised their fee burden.

News June 30
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